While the Queensland Government is busy tilting at windmills and pouring money into “green” energy, it is failing to take advantage of a gold mine in royalties right under its nose. Mount Morgan’s gold mine could pull Queensland and Australia out of debt for a third time as the State looks for a post-COVID economic recovery.
Labor’s Minister for Mines and Energy yesterday found the time to spruik the 15 ongoing jobs to come from a billion dollar wind farm investment, but he couldn’t find the time for a meeting about Mount Morgan. I have been urgently seeking State Government support for fixing the environmental hangover from previous mines while kickstarting a new era for Mount Morgan and Queensland.
Private enterprise is already prepared to stump up $50 million for the first stage of fixing environmental issues caused by past mining practices and we desperately need the State Government to match that commitment. In the process of restarting production of gold in one of the most historic mines in Australia, the current lease-holders can fix a looming environmental disaster. The Government’s approach to handling the toxic waste to date has only served to concentrate it and kick the can down the road. It really is incumbent on the government to finally fix the problem caused by the very mining practices that dragged Queensland out of debt in the past. As yet, the Minister for Mining in Queensland has not agreed to a meeting to discuss the proposal.
Re-opening the mine site for processing gold would create direct and indirect jobs in the town but it would also be a tremendous boost to tourism in the region and across Queensland. There is a big difference between visiting an historic gold mine and visiting an historic gold mine that is still in operation. Mount Morgan has so much to offer tourists already but not many people are aware of the history and the important role the town has played in creating the country we see today. It’s fair to say Mount Morgan could become a key destination for tourism in Queensland but it can’t happen if the State Government doesn’t realise the potential.
The economic benefits for the State could be substantial and that was exactly what is needed in a post-COVID economy. COVID-19 has dealt a devastating blow to our economy and if we are going to get back on track we need to focus on the things that will KickStart Queensland with new and expanding industry and job creation wherever possible. The Queensland Government stands to gain an enormous amount from royalties they will receive from every ounce of gold coming out of the mine and there is a lot of gold left in Mount Morgan.